Listed by Compass Chicago, The Mike Brown Group
$589,900
5445 N MAGNET Avenue
Details
APN 13082110050000
Property Type Multifamily
Sub Type Apartment Building
NOI $45,696
Year Built 1921
Acreage 0.080
Zoning MULTI
Multifamily
Marketing description
Updated 2 flat with extra basement non-conforming apartment. All electric, plumbing and HVAC were updated approximately 8 years ago along with some kitchens and bathrooms. Nice size apartments first and second floors have 2 bedrooms. Extra tandem bedroom on 1st floor. Basement is 4 room 2 bedrooms. Nice yard and a 2 car garage. Rents: Non-conforming garden $1250. Includes all utilities. 1st floor: $1800. 1st floor pays utilities and receives a $100. credit for basement utilities so they pay $1700. net rent. 2nd floor: $1595. They pay their own utilities. Garage $300. Rented to someone not living in property Mo. to Mo. Total income $4845. a month $58140 gross yearly less $12444. expenses or $45696. Net income or 7.74% return!! Great investment.
Listing Contacts
Listed by Compass Chicago, The Mike Brown Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$45,696.00
$3,808.00/mo
Valuation Metrics
0
DSCR
7.75%
Cap Rate
7.75%
ROI
Map
Zoning
RS-3 ResidentialSingle FamilyResidential Single Unit District
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View all 49 uses Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics
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